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To: steve harris who wrote (59681)3/21/2004 7:37:48 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 64865
 
all I'm trying to say is that the 90s were a great period economically speaking, not just for CEOs but for almost everybody in the USA and this decade doesn't measure up. In fact many of the benefits that we accrued in the 90s like budget surpluses have been wiped out in a few years. As far as the "bubble" was concerned plenty of tech companies are approaching all time highs in sales volume so the old "tulipmania" excuse for this fiscal wipeout doesn't really apply.... amazon,yahoo etc. turned out to be real companies. They were overvalued in 99 but only in terms of the stock market.



To: steve harris who wrote (59681)3/22/2004 10:30:36 PM
From: cheryl williamson  Read Replies (1) | Respond to of 64865
 
Look, Steve, it's real real simple:

Clinton was president, the economy boomed deficits disappeared, surpluses were paying down the debt
Bush became president, the economy busted, deficits are $500B, national debt is going up, 3 million jobs lost.

That means Clinton = good president & Bush = bad president.

Forget all the woulda, coulda, shoulda. Each president is responsible for the state of affairs during his time in office.

No one is saying that the US Presidency is an easy job, it isn't. Bush just failed his performance review with a whole lot of "does not meet expectations". Time to move on.